What am I paying for gas and electric

mucky1957

can someone explain pls what exactly I am paying for a kwh of electricity.

I have tried to contact British Gas but the phone number just rings and rings and the on-line chat is a waste of time.

This is the current information I have as of Oct 1..if it's not what is needed pls tell me what further information is required.

Many thanks

MWT

As per the information you have posted, you will be paying 34.037p / kWh for your electricity from 1st October...

That table is probably using the default of 12,000kWh of gas and 2900kWh of electricity to get to that £2500 figure, so use your own annual consumption numbers to calculate your own annual charge...

SAC2334

They are saying your own personal consumption is £1971 a year.. I make that your new monthly payments to be  approx. £130 a month if your £400 electric reduction is deducted

Ultrasonic

SAC2334 said:

They are saying your own personal consumption is £1971 a year.. I make that your new monthly payments to be  approx. £130 a month if your £400 electric reduction is deducted

The £1971 figure was the April price cap so it isn't indicative of the OP's usage, in the same way the £2500 figure isn't.

mucky1957

So to try and put this to bed..I took a gas and elec reading yesterday and again today ( same time of day ). The gas meter had gone up by 2.05 units and the unit charge is 10.33p. The electricity meter had gone up 21 units and the unit charge is 34.03p ( I run both a marine aquarium and a largish pond ).

So the 24hr gas charge is 21.2p and the elec is £7.14.

Is this correct?

StocktonFlyer

The gas meter does not count in kwh, but volume. You need to convert it to kwh with some formula depending on whether it is a metric or imperial meter.

Then add your daily standing charge to your usage, and add any VAT (5%) if due.

gefnew

The gas will be higher than your figure due calcs to convert it to Kwh.

BooJewels

No, unfortunately not - the gas meter probably measures in m³ - cubic meters - the volume of gas that has gone through your meter.  It might also measure in cubic feet which is a different calculation, so you'd need to check your meter to be sure.

You're being billed in kWh - at 10.33p each - the energy the gas generates.  There are very approximately 11.4 kWh per m³ of gas - so your gas bill for the 24 hours would be 2.05m³ x 11.4 = 23.37kWh x 10.33p = £2.41 approximately + your standing charge of 28.485p = £2.69 for the day. 

There is a variable in the actual calculation for gas billing - the calorific value of the actual gas supplied to you - hence I use the word approximately.

Edited for clarity and to add the standing charge.

mucky1957

BooJewels said:

No, unfortunately not - the gas meter probably measures in m³ - cubic meters - the volume of gas that has gone through your meter.  It might also measure in cubic feet which is a different calculation, so you'd need to check your meter to be sure.

You're being billed in kWh - at 10.33p each - the energy the gas generates.  There are very approximately 11.4 kWh per m³ of gas - so your gas bill for the 24 hours would be 2.05m³ x 11.4 = 23.37kWh x 10.33p = £2.41 approximately + your standing charge of 28.485p = £2.69 for the day. 

There is a variable in the actual calculation for gas billing - the calorific value of the actual gas supplied to you - hence I use the word approximately.

Edited for clarity and to add the standing charge.

So if I take a reading every so often and use the formula you provided..that will give me a rough idea of usage ??

mucky1957

..and I'm guessing the electricity reading is correct. It really does get a bit scary when you see actual figures.

BUFF

the electricity meter should read in kWh so it's a direct figure, no calculations to get there as with gas.